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Corporate Governance

  • Ross Dress for Less expands in Keystone state

    Ross Dress for Less opened a new store in Jenkintown, Pennsylvania, on March 5.

    The 26,000-sq.-ft. store is located in the Noble Town Center, 15 miles north of downtown Philadelphia, at the northeast corner of Old York Road and The Fairway.

    The opening is part of the retailer’s 2016 expansion program, totaling about 70 new locations during the year.

  • Starbucks to donate all unsold food

    Starbucks Corp. announced a major initiative to help the nation’s neediest citizens.

    The coffee giant is launching FoodShare, a program to donate all leftover ready-to-eat meals from its 7,600 U.S. company-operated stores to food banks. In the first year alone, the program will be able to provide nearly 5 million meals, according to company estimates.

  • Millennials to require omnichannel store reconfiguration

    Brick-and-mortar retailers are on notice – shifting customer demographics will require far-reaching redesign of the physical store by 2025.

    According to a new study from technology market intelligence firm ABI Research, millennials are driving a revolution in how stores use technology to provide a shopping experience.

  • Macy's names REIT expert to board amid pressure to sell off real estate

    Macy's has added an expert in real estate investments its board as the department store retailer remains under pressure from an activist investor to spin off some of its real estate into a real estate investment trust.

  • Aaron’s makes a difference in D.C., and beyond

    Store managers from 2,000 Aaron’s location gathered in Washington, D.C., for their annual meeting and to participatein a wide range of unique community outreach efforts.

    The giving efforts kicked off with a donation event in which Aaron's donated furniture to 28 apartments for families who have experienced homelessness. This effort supports Washington, D.C., Mayor Muriel Bowser's (pictured above) efforts to ensure safe, dignified housing for all Washingtonians and end homelessness in the District of Columbia.

  • Amazon could prevail in Target non-compete dispute

    Photo: Arthur Valdez

  • Report: Urban Outfitters going bigger with Anthropologie

    Urban Outfitters is going against the smaller-is-better footprint trend and experimenting with larger-sized stores for its Anthropologie brand.

    The retailer is testing four “ultimate experience” Anthropologie stores, ranging in size from 20,000 sq. ft. to 30,000 sq. ft., Women’s Wear Daily reported.

  • Survey: Retail CFOs upping investment in store remodeling/redesign

    Retail CFOs are bullish on online sales growth, but they are focusing fewer dollars on building out their online presence in 2016 as they look instead to enhance the in-store experience in response to omnichannel expectations.

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